Coeur

What Coeur does

Coeur is a medical device manufacturer that designs, manufactures, and assembles disposable medical products used in diagnostic imaging and other medical procedures. Founded in 1998 and headquartered in Washington, United States, the company operates with a workforce of 51-100 employees. Within the broader medical device components market, Coeur functions as the COEUR brand under ITW Medical, the medical device division of Illinois Tool Works (ITW), where it is positioned alongside the Filtertek brand serving filtration and flow control applications. The company's product portfolio centers on medical-grade fluid management devices and components, with capabilities spanning the full manufacturing lifecycle from design, tooling, and mold development through assembly, packaging, and regulatory support.

All ITW Medical manufacturing sites producing COEUR-brand products maintain ISO 13485 certification, the internationally recognized quality management standard specific to medical device manufacturing. This regulatory posture is core to serving medical device OEMs that require validated, audited supply chains. The product offering sits within a broader ITW Medical portfolio that includes intravenous filters, check valves, and oleophobic venting for medical filtration applications.

The company operates as a business-to-business contract manufacturer and component supplier to medical device OEMs. Revenue is generated through sales of custom and standard fluid management components, with pricing not publicly disclosed—a common feature of custom medical device contract manufacturing. Distribution historically relied on direct sales relationships, with an emerging e-commerce dimension through the Chamfr marketplace where specific COEUR and Filtertek products (e.g., Filtertek BOLUSSAFE Check Valves, MediPure IV filters, and inline filters) are listed for online procurement by medical device manufacturers. The ITW Medical parent provides operational scale, multi-site regulatory infrastructure, and established OEM relationships, while the COEUR sub-brand identity preserves the company's specialized fluid management market position.

Name

Coeur

Legal name

Coeur Mining, Inc.

Website

https://coeurinc.com

Company type

Public

Founded year

1928

Operating status

Operating

Headcount range

51–100 employees

Short description

Coeur designs, manufactures, and assembles disposable medical products used in diagnostic imaging and other medical procedures. Operating as the COEUR brand within ITW Medical, the company provides fluid management components with ISO 13485-certified manufacturing capabilities.

Ownership category

akta.pro rank

Product category

Medical Device Components Manufacturing

NAICS

Surgical and Medical Instrument Manufacturing (339112), Medical Equipment and Supplies Manufacturing (3391)

SIC

Surgical & Medical Instruments & Apparatus (3841), Plastics Products, Nec (3089)

akta.pro primary industry

Custom Thermoforming & Contract Manufacturing (IMANAHAI)

Keywords

• Fluid management components
• Medical device components
• Disposable medical products
• Medical contract manufacturing
• Filtration flow control

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales

Core offering

Coeur designs, manufactures, and assembles fluid management components for medical devices, offering end-to-end capabilities including device design, tooling, mold development, assembly, packaging, and regulatory support. The company operates as a sub-brand of ITW Medical and supplies medical-grade fluid management and filtration products to medical device manufacturers worldwide.

Product overview

Coeur operates as two distinct entities: (1) Coeur Mining is a precious metals mining company that acquired SilverCrest Metals in October 2024, adding the Las Chispas mine to become a leading global silver company with increased silver and gold production. (2) COEUR is a sub-brand of ITW Medical specializing in fluid management products for medical devices, offering design, tooling, mold development, assembly, packaging capabilities, and regulatory support for medical-grade fluid management solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Fluid Management Products

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• SilverCrest MetalscoreStrategic or Co-development Partner · 4 October 2024Coeur Mining announced the acquisition of SilverCrest Metals to form a leading global silver company. The transaction will add the Las Chispas mine to Coeur's portfolio and significantly increase silver and gold production, cash flow, and reduce debt for Coeur.

Scale indicators1 record

Recent moves3 records

Expansion highlights2 records

Broad incumbents

• Becton, Dickinson and Company (BD): Major medical technology company producing drug delivery, IV fluid management, and diagnostic systems. Comparable to Coeur at a customer/competitor level — BD is both a potential OEM customer for fluid management components and a vertically integrated competitor in IV disposables.
• Integer Holdings: Large medical device contract manufacturer offering complete device design, components, and assemblies. Comparable to Coeur because it serves overlapping medical OEM customers with outsourced component and assembly manufacturing.
• Spectrum Plastics Group: Specialty medical plastics manufacturer producing components, tubing, and packaging for medical devices. Comparable to Coeur in plastics-based medical component manufacturing serving diagnostic and interventional OEMs.
• ICU Medical: Specializes in IV therapy, infusion systems, and needlefree connectors — products overlapping Coeur's fluid management focus. Comparable as a specialized medical device company in the same fluid-path clinical workflow.
• Vention Medical (acquired by Nordson): Integrated medical device contract manufacturer providing design, molding, assembly, and packaging services. Comparable to Coeur's full-service contract manufacturing model for medical OEMs.
• Tekni-Plex: Global manufacturer of specialty medical compounds, tubing, and packaging for healthcare applications. Comparable to Coeur as a plastics-based supplier of components and consumables to medical device OEMs.

Direct peers

• Nordson MEDICAL: Manufactures precision fluid management components and medical tubing, connectors, and check valves. Directly comparable to Coeur in product category (medical fluid management disposables) and customer base (medical device OEMs).
• Filtertek (ITW Medical sister brand): Sister brand under ITW Medical specializing in filtration and flow control components (BOLUSSAFE check valves, MediPure IV filters). Comparable to Coeur because both serve medical OEMs with fluid-path components under the same ITW Medical umbrella.
• Qosina: Supplies thousands of stock and custom medical OEM components, including fluid management parts. Comparable to Coeur as a one-stop source of disposable medical components for device manufacturers.
• Value Plastics (Nordson MEDICAL): Specializes in fluid management fittings, connectors, and tubing for medical and bioprocessing applications. Comparable to Coeur's fluid management product portfolio for medical OEMs.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coeur